By the end of this decade, Placer Dome (TSE) expects to be producing gold at a rate of 2.5 million oz. per year, and possibly more, assuming the right acquisitions come along. Company President John W…
Members of the Prospectors Club in Nova Scotia voted recently in favor of a name change: the Nova Scotia Prospectors Association. Douglas Boddy of Lower Five Islands was elected president. He is joine…
Drilling is in progress on the Seri copper-gold property near Hermosillo in Mexico’s Sonora state. To date, Blue Ribbon Resources (VSE) has drilled six holes to test an area measuring 200 by 250 metre…
Montreal-listed Lyon Lake Minerals has concluded an agreement that will see the company more than double the size of its Costa Rican land holdings. Furthermore, the newly acquired concession also host…
Two holes drilled from the new third level of the Sleeping Giant gold mine have confirmed the continuity of Zones 20 and 30 at depth. The mine, found 80 km north of Amos, Que., is owned equally by Aur…
The government of Papua New Guinea (PNG) has granted a special mining lease for the Lihir gold project, clearing the way for construction to begin during the second quarter. The project, on Lihir Isla…
Spun off to the public through an initial offering in 1987, Cominco Resources International (TSE) will come full-circle if a proposal to merge with parent company Cominco Ltd. (TSE) is acted upon. Com…
Amid criticism that its current trading system is unfair, the National Association of Securities Dealers in the U.S. has proposed changes to the NASDAQ stock markets, changes which the group says woul…
Substantially higher revenue and earnings were enjoyed by MSV Resources (TSE) in 1994, compared with 1993. Greater production and improved metal recoveries enabled the company to almost double revenue…
The Australian-based subsidiary of Tri Origin Exploration (TSE) has intersected significant mineralization in three of four holes drilled on its Lewis Ponds polymetallic property in New South Wales. H…
The Mt. Hamilton mine near Ely, Nev., yielded 2,700 oz. gold in February, its first month of commercial production. The open-pit, heap-leach operation is within the Battle Mountain trend and is owned …
The remaining seven holes of the first-phase drill program on the Barry Twp. property in northwestern Quebec have intersected gold mineralization. This raises to 11 the number of intersections reporte…
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